To defraud means to deceive someone for personal gain or to cause them harm through deceitful or dishonest conduct. It involves intentionally misleading or tricking another person or entity, often for financial or material gain. Examples of fraud include making false representations, concealing information, or manipulating facts to deceive someone into giving up money, property, or rights. Defrauding can occur in various contexts, such as business transactions, financial schemes, insurance claims, and contracts. It is considered a criminal offence and can result in legal consequences, including fines, restitution, and imprisonment.
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This glossary post was last updated: 29th March, 2024.
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